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4

The most suitable incentive plan for the maintenance section of an industry will be

A. Piece rate system

B. Group incentive plan

C. Profit sharing plans

D. Simplification

Correct Answer :

B. Group incentive plan


Related Questions

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4

Abbreviated work factor data is applied for

A. Material handling operation

B. Maintenance operation

C. Packing and shipping operation

D. All of these

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4

Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it

A. Consumes time, but no resources

B. Consumes resources but no time

C. Consumes neither time nor resources

D. Is a dangling event

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4

In the Halsey 50-50 plan, the following are rewarded more

A. Past good workers

B. Past poor workers

C. Past average workers

D. All of the above

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4

Which of the following statement is correct?

A. When slack of an activity is zero, it falls only on critical path.

B. CPM technique is useful to minimise the direct and indirect expenses.

C. Critical path of a net work represents the minimum time required for completion of project.

D. All of the above

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4

Standard time is defined as

A. Normal time + allowances

B. Normal time + idle time + allowances

C. Normal time + idle time

D. Only normal time for an operation

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4

The critical activity has

A. Maximum float

B. Minimum float

C. Zero float

D. Average float

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4

Travel charts provide

A. An idea of the flow of materials at various stages

B. A compact estimate of the handling which must be done between various work sections

C. The information for changes required in rearranging material handling equipment

D. An approximate estimate of the handling which must be done at a particular station

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4

Expediting function consists in keeping a watch on

A. Operator's activity

B. Flow of material and in case of trouble locate source of trouble

C. Minimising the delays

D. Making efficient despatching

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4

What does symbol 'O' imply in work study?

A. Operation

B. Inspection

C. Transport

D. Delay/temporary storage

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4

The time taken by a trained worker to perform an operation, while working a steady pace, is known as

A. Standard time

B. Normal time

C. Representative time

D. None of these

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4

Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved?

A. Halsey plan

B. Gantt plan

C. Rowan plan

D. Emerson's efficiency plan

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4

Job enrichment technique is applied to

A. Reduce labour monotony

B. Overcome boring and de-motivating work

C. Make people happy

D. All of the above

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4

At the breakeven point,

A. Total cost is more than the sales revenue

B. Total cost is less than the sales revenue

C. Total cost is equal to sales revenue

D. Fixed cost is equal to variable cost

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4

The start or completion of task is called

A. An event

B. An activity

C. A duration

D. None of these

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4

A-B-C analysis

A. Is a basic technique of materials management

B. Is meant for relative inventory control

C. Does not depend upon the unit cost of the item but on its annual consumption

D. All of the above

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4

In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches

A. 50 %

B. 66.67 %

C. 75 %

D. 80 %

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4

Which of the following equations is not in conformity with others?

A. Organisation performance × motivation = profits

B. Knowledge × skill = ability

C. Ability × motivation = performance

D. Attitude × situation = motivation

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4

Which of the following plans motivates supervisors by paying a premium on time saved by workers?

A. Halsey plan

B. Rowan plan

C. Haynes plan

D. Emerson's plan

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4

Works cost implies

A. Primary cost

B. Factory cost

C. Factory expenses

D. Primary cost + factory expenses

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4

The technique of value analysis can be applied to

A. Complicated items only

B. Simple items only

C. Crash programmer items only

D. Any item

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4

Positive slack on a PERT indicates that project is

A. Ahead of schedule

B. Beyond schedule

C. As per schedule

D. On critical path

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4

Basic motion time study gives times for basic motions in ten thousandths of

A. Second

B. Minute

C. Hour

D. Day

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4

The critical path of a network represents

A. The minimum time required for completion of project

B. The maximum time required for completion of project

C. Maximum cost required for completion of project

D. Minimum cost required for completion of project

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4

In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker

A. Whose output exceeds 67% efficiency

B. On the percentage of time saved

C. On the percentage of time worked

D. On the percentage of standard time

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4

Acceptance sampling is used in

A. Job production

B. Batch production

C. Mass production

D. All of these

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4

Monte Carlo solutions in queuing theory are extremely useful in queuing problems

A. That can't be analysed mathematically

B. Involving multistage queuing

C. To verify mathematical results

D. All of the above

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4

The value engineering technique in which experts of the same rank assemble for product development is called

A. Delphi

B. Brain storming

C. Morphological analysis

D. Direct expert comparison

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4

A big advantage of PERT over Gantt charts is that in the former case

A. Activities and events are clearly shown

B. Early start and late finish of an activity are clearly marked

C. Activity times are clear

D. Interrelationship among activities is clearly shown.

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4

The first method invented for planning projects was

A. Bar chart method

B. Milestone chart

C. Critical path method (CPM)

D. Programme evaluation and review technique (PERT)

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4

A low unit cost can be obtained by following

A. Product layout

B. Functional layout

C. Automatic material handling equipment

D. Specialisation of operation